Springfield Strategies presents this remarkable opportunity to acquire two thriving, absentee-owned fitness franchise locations in Metro Atlanta. Additional existing locations are also available!
This top-ranked brand boasts over 400 locations in 38 states and has become a leader in the fitness industry.
Both locations are fully staffed and turn-key.
Location 1: Opened in 2020 and later acquired by the current owner, this location was purchased from an underperforming, absentee owner. The current owners installed appropriate lead employees, implemented their proven operational practices, remodeled the location, and brought the studio from break-even to a 2024 Net Operating Income of $64,000. The owners believe with more involved ownership, this studio should grow by more than 50%
Location 2: This location was also acquired from an out-of-state owner who was underperforming in comparison to a typical studio. By implementing systems and process improvements and bringing the studio back in line with the franchise's best practices, the owners were able to increase membership and profitability and end the 2024 year with a Net Operating Income of $106,000. This location just completed a full renovation in late 2024, which is expected to significantly improve member counts.
Reason for Selling:
These locations were part of the investment strategy for a multi-partner collaboration. The partnership spent the last several years opening, acquiring, remodeling, and building these locations with the intention of building a large-scale portfolio within the brand. As time went on, life circumstances required two of the partners to go in a different direction, and the remaining partners were no longer interested in completing a large-scale roll-up. The decision has been made to divest from the portfolio, leaving an unbelievable opportunity for a buyer looking to continue to grow operations and build on the seller's proven formula for success.
Ad#:2363972
